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MCX crude oil chart updated on 16th June 2015, Tuesday.


MCX CRUDE OIL - 1 BBL


MCX crude oil chart indicates that it was moving up from 23.6% fibonacci retracement support zone but so far trading below its previous top.
As it indicates it has now stuck in a range bound zone, so as long as it is moving in between its range trend will be mix with no clear direction.
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Sharp movement expecting once MCX crude oil chart comes out from its range bound zone.

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